Goldman in Changing of the Guard

Wall Street's longest-serving chief financial officer stepped down Tuesday as Goldman Sachs Group Inc. gave its first nod to a group of younger leaders.

The New York company named trading executive Harvey M. Schwartz, 48 years old, to take over Jan. 31 for Chief Financial Officer David Viniar. The 57-year-old Mr. Viniar has served as Goldman's financial chief since the company's 1999 initial public offering, and is one of the...